Ceteris Paribus,which of the Following Would You Expect to Have

question 100

Multiple Choice

Ceteris paribus,which of the following would you expect to have no effect on the demand curve for new automobiles?

• A)A rise in the price of gasoline.
• B)Consumer expectations that the price of new automobiles will be lower next year.
• C)Consumer expectations that a significant recession will develop and last for a year.
• D)An increase in the price of new automobiles.

---

Definitions:

Ethnic Label

A term or descriptor applied to individuals or groups based on their ethnicity, often used to emphasize differences rather than similarities.

Social Necessity

The concept that certain conditions, goods, or services are essential for the functioning and well-being of a society.

Hispanic American

An individual of Latin American descent living in the United States, contributing to the cultural and demographic diversity of the country.

Ethnic Group

A community or population made up of people who share a common cultural background, heritage, language, or lineage.